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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Vernon, CT
Listed for sale 3 days ago
$ 259,900
ROI
21.6
Cash Flow/m
134- 2 Bed
- 2 Bath
- 1063 sft
60 Old Town Road #190, Vernon, CT, 06066
$ 285,000
ROI
22.1Cash Flow/m
186- 2 Bed
- 2 Bath
- 1328 sft
60 Old Town Road #179, Vernon, CT, 06066
$ 174,900
ROI
24.2Cash Flow/m
216- 1 Bed
- 1 Bath
- 649 sft
165 South Street #46, Vernon, CT, 06066
$ 279,900
ROI
20.4Cash Flow/m
46- 2 Bed
- 2 Bath
- 1198 sft
80 Country Lane #33, Vernon, CT, 06066
Why Invest in Vernon, Connecticut?
Investing in condos in Connecticut can provide stable returns, particularly given the state's diverse economy. With a rental yield of approximately 6% and an average cash flow of $1,200 per month, many investors find this market attractive. Furthermore, the appreciation rate for condos is expected to stay positive as suburban living remains in demand.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$1200/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Rental prices for condos in Connecticut typically average around $1,800 per month, depending on the specific location and amenities. This can vary considerably based on market trends and demand in particular neighborhoods.
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